How to select the right fund manager for your mutual funds

In my previous article, I wrote about the reasons why mutual funds remain the investment of choice for new retail investors. However, it is important to be circumspect when choosing a fund manager.
Here are what to look out for before sending your money to a fund manager. 
• Know if the fund together with its manager are listed on the website of Securities and Exchange Commission. This is very important as a number of fraudulent schemes are parading themselves as fund managers. Also, this would enable you to know if the fund manager is under suspension due to breaches on infractions on regulation guiding their activities. Moreover, the weekly performance of the fund can be assessed on the website of SEC. The website is www.sec.gov.ng.
• Know if there's an online platform for accessing your fund. You don't have to necessarily call your fund manager anytime you need information about your fund. Some information like transaction history, interest, mini statement etc are supposed to be assessed through an online platform. Also know how easy it is to use the platform.
• Know how easy it is to contact your fund manager. The more the communication channels available, the better. It is necessary that fund managers have various means of reaching their clients. Such means may include facebook, LinkedIn, twitter, email, whatsapp, instagram, phone numbers and postal agency. It is equally important to know the promptness of the fund manager in responding to your inquiry. Selecting a fund manager can be a daunting task for new investors. The list of things to look out for when making such selection can equally be inexhaustible. But I believe the few listed above can go a long way in guiding beginners to make the right choice.